U.S. Day Ahead: Fri could be rocky, get ready for JCP
Friday, November 09, 2012 - 02:41
Nov 8 - Markets could still stay volatile as investors worry about what will happen to the fiscal cliff. In earnings, investors want to know how J.C. Penney is progressing in re-inventing itself.
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Another day of fiscal -- anxiety another day of apple being hammered it will Friday be another day of pain for the market. Pretty especially with JC -- reporting before he -- Wall Street is already expecting a lot and another shark dive and failed. Investors will ask CEO Ron Johnson how much progress he's funny and turning around the troubled department. Nor have there been promising signs with a lot of traffic at the new store and stores for. Levi's TCP I thought all these early signs that the turnaround strategy could be working. The only thing is that the company chairing the last quarter. Had to bring back some combining into events like free tickets for kids because otherwise they were not giving shoppers a reason to come into the stores start -- Shareholders so far haven't been satisfied penny is down -- staggering 33%. Since the beginning of the year. We will also get to check the health of private equity when Apollo global management reports. Which manages 105. Billion dollars is -- to see a bigger bottom line. But the spotlight will be on CEO Leon black and whether he still worried about the future of the industry. There are concerns that tax break and -- -- -- might be wiped out by President Obama and an effort to reduce the deficit. That could cost factor an estimated forty billion dollars. You digit is 83 point six. That's where the Reuters University of Michigan sentiment index well rice to know about her. Airport measured consumer attitudes it's been on the right and the November figure is the strongest reading in over five years. Think the job market slowly getting back on its feet. But then again Americans. He's feeling better because bond is back in town. I ball lands and -- on Friday after successfully European release. The film has earned a StellarOne 156. Million dollars in ticket sales and its second week. Got some good -- The Vatican like that it's official newspaper -- Daniel Craig is more human and more real. The last when he you've -- made around five million dollars globally. At the box -- Stay with insider ready TV for more on the big market -- as we explore who's in who's out in President Obama -- -- cabinet shuffle. The big guessing game in DC right now is picking the next Treasury Secretary in all headed over and we'll let. It's tough jobs. I'm heading off the.
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